Cheap Apartments for Rent near Montgomery, MI from $592 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in Montgomery.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
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The Watershed
Studio to 2 Bedroom Apartments

The Watershed

110 W Chicago RdSturgis, MI 49091

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Sherman Apartments
1 to 2 Bedroom Apartments

Sherman Apartments

501 Homer RdConcord, MI 49237
  • Utilities Included
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Northcrest Apartments
Studio to 3 Bedroom Apartments

Northcrest Apartments

810 Regency CtAngola, IN 46703
  • Utilities Included
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Meade Apartments
1 to 2 Bedroom Apartments

Meade Apartments

901 E Michigan AveMarshall, MI 49068
Corporate Housing
  • Utilities Included
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Garfield Apartments
1 to 2 Bedroom Apartments

Garfield Apartments

216 E Everett StHomer, MI 49245
Corporate Housing
  • Utilities Included
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Sheridan Apartments
1 to 2 Bedroom Apartments

Sheridan Apartments

1150 Arms StMarshall, MI 49068
Corporate Housing
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Montgomery, MI Local Guide

Cheapest Available Montgomery Apartments for Rent and Nearby

 

The cheapest available apartment rental in Montgomery, MI is a 2 Beds unit found at Fountain Creek Senior Villas priced from $592. Whitman Crossing in the Lenawee County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $619. Here is today’s list of the most affordable Montgomery apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fountain Creek Senior Villas2 Beds, 1 bath2BR,1BA$592
Whitman Crossing1 Bedroom Unit1BR,1BA$619
Drake Terrace III2 Bedroom2BR,1BA$741
York Hills ApartmentsOne Bed | One Bath | First Month's Rent FREE!1BR,1BA$775
Carriage Park ApartmentsStudio | One BathStudio,1BA$795
Oak MeadowsOne Bedroom1BR,1BA$825
Park Crest ApartmentsOne Bed | One Bath | Half Off First Months Rent!1BR,1BA$825
Addison Apartments2/12BR,1BA$875
Fawn River Apartments1 Bed1BR,1BA$909
Deerfield VillageOne Bedroom1BR,1BA$945

Best Value Apartments for Rent in Montgomery, MI and Nearby

As of August 27, 2026 the best value apartment in the Montgomery area is the $1.17 price per square foot 4 Bedroom House Model at Oak Meadows in the in the Marshall Albion neighborhood starting from $1,400. The second greatest value Montgomery apartment is the Two Bedroom One Bathroom Model at Griswold Estates Apartments starting at $1,134 with a $1.08 price per square foot . Here is today’s list of the best values for Montgomery apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Oak Meadows4 Bedroom House4BR,1.5BA$1.17
Griswold Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
Carriage House (Albion 64 LLC)Two Bed | One Bath | First Month's Rent FREE!2BR,1BA$0.98
Nelson Estates Apartments2Bed_1Bath2BR,1BA$1.04
Crosswait Estates ApartmentsTwo Bedroom2BR,1BA$1.13
Fawn River Apartments1 Bed1BR,1BA$0.97
Fountain Creek Senior Villas2 Beds, 1 bath2BR,1BA$0.64
Whitman Crossing1 Bedroom Unit1BR,1BA$0.67
Addison Apartments2/12BR,1BA$1.09
Drake Terrace III2 Bedroom2BR,1BA$0.99

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Montgomery, MI Rentals by Map

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Frequently Asked Questions about Cheap Montgomery Apartments

How much is rent for a Cheap One Bedroom Montgomery Apartment?

The lowest price for a Cheap One Bedroom Montgomery Apartment is $619 at Whitman Crossing.

What is the lowest price for a Cheap Two Bedroom Montgomery Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Montgomery is starting from $592 at Fountain Creek Senior Villas.

What is the most affordable Montgomery Three Bedroom Apartment?

The best deal on a cheap Montgomery Three Bedroom Apartment rental is at Drake Terrace III and starts from $776.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.